Gov’t accelerates public investment disbursement by year-end
VGP - Prime Minister Pham Minh Chinh has urged ministries, sectors, and localities to accelerate the disbursement of public investment capital during the remaining time of the year.
In an official telegram issued on December 6, the Prime Minister tasked ministers, heads of central agencies, and Chairpersons of provincial and municipal People's Committees to take comprehensive responsibility for disbursing public investment capital, emphasizing that this is a priority political task and a key criterion for evaluating the performance of officials.
The Government leader urged ministries, sectors, and localities to quickly allocate the remaining capital and speed up the progress of key projects.
Each agency must adopt monthly disbursement plan. On-site inspections and supervision of contractors must be strengthened.
The Government chief tasked the Ministry of Finance to strengthen digital transformation to track and monitor progress and publicly announce the disbursement rates of each agency and locality on mass media on a weekly basis to enhance transparency, tighten discipline, and boost disbursement in the final sprint of the year.
The ministry must immediately report cases of delay and propose management measures suitable to the practical situation.
As of late November, disbursed volume of public investment capital reached VND553.25 trillion (US$20.98 billion ), equivalent to 60.6 percent of the total funding for this year (around US$44.5 billion)./.
